Trane Technologies Reports Strong First Quarter Results and Raises 2024 Revenue and EPS Guidance [Yahoo! Finance]
Trane Technologies plc (TT)
Company Research
Source: Yahoo! Finance
GAAP operating margin up 250 bps; adjusted operating margin* up 230 bps Adjusted EBITDA margin* of 16.8 percent, up 200 bps GAAP continuing EPS of $1.92; adjusted continuing EPS* of $1.94, up 38 percent Organic bookings* up 17 percent, led by Americas Commercial HVAC, up 30 percent $7.7 billion backlog, up 10 percent versus year-end 2023, and over 2.5 times historical norms This news release contains non-GAAP financial measures. Definitions of the non-GAAP financial measures can be found in the footnotes of this news release. See attached tables for additional details and reconciliations. SWORDS, Ireland, April 30, 2024 BUSINESS WIRE )--Trane Technologies plc (NYSE:TT), a global climate innovator, today reported diluted earnings per share (EPS) from continuing operations of $1.92 for the first quarter of 2024. Adjusted continuing EPS was $1.94, up 38 percent. First-Quarter 2024 Results Financial Comparisons - First-Quarter Continuing Operations $, millions except EP
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News
- Why This 1 Momentum Stock Could Be a Great Addition to Your Portfolio [Yahoo! Finance]Yahoo! Finance
- Trane Technologies Accelerates Growth through Leading Sustainability Performance [Yahoo! Finance]Yahoo! Finance
- Trane Technologies Accelerates Growth through Leading Sustainability PerformanceBusiness Wire
- Range Energy and Thermo King Collaborate to Advance the Commercial Adoption of Electric Refrigerated Trailers in the AmericasBusiness Wire
- Trane Technologies Shares Heating Up on Big Money Buys [Yahoo! Finance]Yahoo! Finance
TT
Earnings
- 4/30/24 - Beat
TT
Sec Filings
- 4/30/24 - Form S-3ASR
- 4/30/24 - Form 10-Q
- 4/30/24 - Form 8-K
- TT's page on the SEC website